ADJUS-121 Lecture Notes - Lecture 5: Charismatic Authority, Traditional Authority

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Explaining the rise of capitalism in the west. Protestant ethics pursuit of a calling & rejection of worldly affairs. The spirit of capitalism: the rational pursuit of economic gain. The disenchantment of capitalism in modern society. Argues that capitalism as a foundation has ethical foundations. In baxter"s view the care for external goods should only lie on the shoulders of the saint like a light cloak, which can be thrown aside at any moment". But fate decreed that the cloak should an iron cage. Specialists without spirit, sensualists without heart; this nullity imagines that it has attained a level of civilization never before achieved. -max weber, the protestant ethic and the spirit of capitalism. The probability that certain specific commands (or all commands) will be obeyed by a given group of persons (p. 212) Domination implies a minimum of voluntary compliance.

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